Fathima Raeesa

Varo Money alternative , Zil, offers virtual cards for business and personal purposes. The feature offers setting spending limits and generating virtual cards for a single account to enhance payments.     Imagine you are handling a small cake shop, and at the end of the month, it's time to reconcile expenses. While checking the receipts and statements, you found some unauthorized charges on the company’s physical card by an employee. Now, you are on the edge of trouble and need a solution to solve the issue.     It is best to use virtual cards in these situations. The feature can help you handle business budgets and have a clear idea of how employees spend the money.     According to studies , the total volume of virtual card transactions was 36 billion in 2023. By 2028, it is expected to rise to 175 billion, which clearly shows the convenience of virtual cards.   What Are Virtual Cards?   Virtual cards are digital forms of physical debit or cr...